IFSC Code, MICR Codes for PUNJAB NATIONAL BANK in PUNJAB - DISTT:LUDHIANA - PAYAL (DISTT LUDHIANA) - PAYAL

PUNJAB NATIONAL BANK RTGS HO Branch in PAYAL (DISTT LUDHIANA) - Address, IFSC, MICR Code


IFSC Code

PUNB0456100

MICR Code

141024152

Branch

PAYAL

Contact

0

Address

PAYAL

City

PAYAL (DISTT LUDHIANA)

District

DISTT:LUDHIANA

State

PUNJAB





What is IFSC Code of PUNJAB NATIONAL BANK situated at PAYAL- RTGS-HO?
IFSC Code of PUNJAB NATIONAL BANK situated at PAYAL - RTGS-HO is

PUNB0456100

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.